While M/s Renew Solar Power Private Limited will produce 100 MW, Shapoorji Pallonji Infrastructure Private limited will generate 50 MW from this project
August 07, 2019. By News Bureau
The Uttar Pradesh cabinet has announced that it has cleared a floating solar power plant on Rihand Dam with an outlay of Rs 750 crore. It will be the first water surface floating solar power plant of Uttar Pradesh and prevalent in the country.
The state cabinet cleared the project that will realize investment of Rs 750 crore, UP government spokesman Shrikant Sharma told.
He said the water surface floating solar power project will generate 150 MW power and will be completed in 21 months.
"It will be first such project of UP and biggest in the country," Sharma said.
While M/s Renew Solar Power Private Limited will produce 100 MW, Shapoorji Pallonji Infrastructure Private limited will generate 50 MW from this project, he said.
UP Power Corporation Limited (UPPCL) has made power purchase agreement for next 25 years at Rs 3.36 per unit which will advantage people of the state, he said.
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